Questioning MCC’s Assumption that New Construction Will Be Up 3.29% for 2013

In my article about the McHenry County College Board’s discussion on the proper size of next year’s property tax levy, I mentioned that I had sent an email to MCC Public Information Officer Christina Haggerty, asking the basic question that … Continue reading

MCC Levy Talk, College Sticks to Assumption that New Growth Will Be 3.29%

McHenry County College’s Chief Financial Officer Bob Tenuta presented some spreadsheets showing what would happen if the Trustees decided not to ask for the additional $224,000 in property taxes that the Tax Cap law allows. That’s the amount that a … Continue reading

Fight in the Offing about Whether to Hike MCC Property Taxes or Keep Them Flat

McHenry County College taxpayers might get a break next year. After MCC Chief Financial Officer Bob Tenuta gave his report on next year’s budget, discussion indicated that several new Board members are thinking about asking for the same amount from … Continue reading

Average Property Tax Rates and Homeowners’ Bills in McHenry County

Since our American Revolution was stimulate by taxation, how about looking at the average McHenry County real estate tax rate calculations that Algonquin Township Assessor Bob Kunz has prepared.  They can be enlarged by clicking on their images. A second … Continue reading

Tryon Proves Suburban County Homeowners Ante Up More Than Chicago’s

I didn’t stop the newspapers when we went on vacation last month and am working my way though back issues. On June 16th, Chicago Sun-Times columnist Mark Brown shared information virtually forbidden in Chicago-based media. What’s that? The fact that … Continue reading

Dave McSweeney Seeks to Force Flatlining of Township Taxes

State Rep. David McSweeney is proposing at amendment to Senate Bill 1937 that would prohibit township governments throughout Illinois from increasing the amount of money they extract from taxpayers’ pockets for the next two years. Unlike some legislators and local … Continue reading

Huntley Tea Party Holding Property Tax Meeting Wednesday in Algonquin

A press release from the Huntley Area Tea Party: Property Tax Action Group Addresses Huntley Area Tea Party over Lunch At Huntley Area Tea Party, May is “Action” month. We begin with a lunch gathering at 12:30 pm* on Wednesday, … Continue reading

The McHenry County Taxman Cometh – Tax Bills on the Internet

The Beatles’ song seems appropriate for today, the first day when McHenry County Property Tax Bills can be seen on County Treasurer Bill LeFew’s web site. A taxpayer as seen by the Tax Foundation.[/caption]Look here. = = = = = … Continue reading

The McHenry County Tax Districts That Made Good Faith Efforts Not to Raise Taxes As Much As Possible

This has been the week that tax information was posted on the McHenry County Clerk’s web site. Pretty much anything anyone would be interested is there, but to make it useful for comparison purposes requires quite a bit of work. … Continue reading

McHenry County Multiplier Increases Assessments 1.0243 for This Year’s Tax Bills, $1 Billion Assessment Loss Sends Tax Rates Soaring

Taxpayers may be making more of a fuss this year than previously. Maybe not. Tax districts are getting less than 2% more this year, when the Property Tax Cap allowed them to get 3%. So, some tax districts showed restraint … Continue reading

Is DuPage County a Portent of Property Taxes to Come?

This was in the Daily Herald Tuesday: “DuPage County homeowners can expect to pay more property taxes to school districts and other local governments, even though land values continue to plummet. “The overall value of land in DuPage decreased last … Continue reading

A Look at Part of Johnsburg’s Freedom of Information Fight with Maggie Haney

The Village of Johnsburg posted a press release attacking Mary Haney and her husband for the cost of replying to Freedom of Information requests. It showed up a day after Haney, running for Village President against incumbent Ed Hettermann, delivered … Continue reading

Barrington Hills Financial Position, Debt Up over $3.5 Million in One Year, Unfunded Police Pension Liability of $6.3 Million

The Cook County Treasurer’s Office has put online all sorts of financial information that was previouisly virtually impossible to a taxpayer to find. Let’s look at the Home Rule municipality of Barrington Hills as an example. Let’s look at the … Continue reading

Lakewood Red(Ink)Tail Golf Club Alternative Revenue Bond Failure Featured in Chicago Tribune – Part 2

Part 2 of the Chicago Tribune said about Lakewood’s alternative revenue bond purchase of what is not called RedTail Golf Club: Lakewood is featured as one of the villages “where bets backfired on taxpayers…where taxpayers should have been protected form … Continue reading

Lakewood Red(Ink)Tail Golf Club Alternative Revenue Bond Failure Featured in Chicago Tribune – Part 1

On January 6, 2013, right on the top of the Sunday Chicago Tribune, there was an expose that should send warning flares up about the alternative revenue bonds that the majority of the McHenry County College Board seem set to … Continue reading